Common use of Interest Rates and Payment Dates Clause in Contracts

Interest Rates and Payment Dates. (a) Each EurodollarTerm SOFR Rate Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted LIBORTerm SOFR Rate determined for such day plus the Applicable Margin in effect for such day.

Appears in 1 contract

Samples: Credit Agreement (Core & Main, Inc.)

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Interest Rates and Payment Dates. (a) Each EurodollarTerm SOFR Rate Benchmark Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted LIBORTerm EurodollarAdjusted Term SOFR Rate determined for such day plus the Applicable Margin (provided that any Competitive Loan that is a EurodollarTerm Benchmark Loan shall bear interest at the EurodollarAdjusted Term SOFR Rate for the Interest Period in effect for such dayCompetitive Borrowing plus (or minus, as applicable) the Margin applicable to such Loan).

Appears in 1 contract

Samples: Credit Agreement (Air Lease Corp)

Interest Rates and Payment Dates. (a) Each EurodollarTerm SOFR Rate Loan shall bear interest for each day during each Interest Period with respect thereto on the unpaid principal amount thereof at a rate per annum equal to the Adjusted LIBORTerm Eurodollar RateTerm SOFR Rate determined for such day Interest Period plus the Applicable Margin in effect for such dayMargin.

Appears in 1 contract

Samples: Credit Agreement (Cumulus Media Inc)

Interest Rates and Payment Dates. (a) Each EurodollarTerm SOFR Rate EurodollarSOFR Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to (i) the Adjusted LIBORTerm SOFR Eurodollar Rate determined for such day suchAdjusted Term SOFR for the Interest Period therefor plus (ii) the Applicable Margin in effect for such dayMargin.

Appears in 1 contract

Samples: Credit Agreement (Accuray Inc)

Interest Rates and Payment Dates. (a) Each EurodollarTerm SOFR Rate EurocurrencySOFR Loan under each Facility shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted LIBORTerm Eurocurrency RateAdjusted Term SOFR Rate determined for such day plus the Applicable Margin in effect for such dayFacility.

Appears in 1 contract

Samples: Credit Agreement (Six Flags Entertainment Corp)

Interest Rates and Payment Dates. (a) Each EurodollarTerm EurocurrencyTerm SOFR Rate Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted LIBORTerm Eurocurrency RateTerm SOFR Rate determined for such day plus the Applicable Margin in effect for such dayMargin.

Appears in 1 contract

Samples: Credit Agreement (Booz Allen Hamilton Holding Corp)

Interest Rates and Payment Dates. (a) Each EurodollarTerm EurocurrencyTerm SOFR Rate Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted LIBORTerm LIBOR RateTerm SOFR Rate determined for such day plus the Applicable Margin in effect for such day.

Appears in 1 contract

Samples: Term Loan Credit Agreement (US Foods Holding Corp.)

Interest Rates and Payment Dates. (a) Each EurodollarTerm SOFR Rate Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted LIBORTerm EurodollarAdjusted Term SOFR Rate determined for such day Interest Period plus the Applicable Margin Margin. Interest in effect for respect of EurodollarTerm SOFR Loans shall accrue from and including the first day of an Interest Period to but excluding the last day of such dayInterest Period.

Appears in 1 contract

Samples: Three Year Credit Agreement (International Business Machines Corp)

Interest Rates and Payment Dates. (a) Each EurodollarTerm SOFR Rate Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted LIBORTerm LIBOTerm SOFR Rate determined for such day plus the Applicable Margin in effect for such day.

Appears in 1 contract

Samples: Credit Agreement (Core & Main, Inc.)

Interest Rates and Payment Dates. (a) Each EurodollarTerm SOFR Rate Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted LIBORTerm Eurodollar RateAdjusted Term SOFR Rate determined for such day Interest Period plus the Applicable Margin Margin. Interest in effect for respect of EurodollarTerm SOFR Loans shall accrue from and including the first day of an Interest Period to but excluding the last day of such dayInterest Period.

Appears in 1 contract

Samples: Credit Agreement (Kyndryl Holdings, Inc.)

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Interest Rates and Payment Dates. (a) Each EurodollarTerm SOFR Rate Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted LIBORTerm Eurodollar RateTerm SOFR Rate determined for such day plus the Applicable Margin in effect for such dayMargin.

Appears in 1 contract

Samples: Credit Agreement (SunCoke Energy, Inc.)

Interest Rates and Payment Dates. (a) Each EurodollarTerm SOFR Rate EachWith respect to Term Benchmark Loans: (x) each Eurodollar Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted LIBORTerm SOFR Eurodollar Rate determined for such day plus the Applicable Margin in effect Margin; and (y) each Revolving Loan that is a Term SOFR Loan shall bear interest for such dayeach day during each Interest Period with respect thereto at a rate per annum equal to Term SOFR plus the Applicable Margin.

Appears in 1 contract

Samples: Credit Agreement (Ultra Clean Holdings, Inc.)

Interest Rates and Payment Dates. (a) Each EurodollarTerm SOFR Rate EurodollarSOFR Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Eurodollar RateAdjusted Term SOFR or Adjusted LIBORTerm SOFR Rate Daily Compounded SOFR, at each Borrower’s election, determined for such day plus the Applicable Margin in effect for such dayMargin.

Appears in 1 contract

Samples: Revolving Credit Agreement (Avangrid, Inc.)

Interest Rates and Payment Dates. (a) (x) Each EurodollarTerm Term SOFR Rate Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to Term SOFR determined for such day plus the Applicable Margin in effect for such day and (y) each Eurocurrency Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted LIBORTerm SOFR Eurocurrency Rate determined for such day plus the Applicable Margin in effect for such day.

Appears in 1 contract

Samples: Credit Agreement (Hertz Corp)

Interest Rates and Payment Dates. (a) (i) Each EurodollarTerm SOFR Rate Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted LIBORTerm EurodollarAdjusted Term SOFR Rate determined for such Interest Period plus the Applicable Margin and (ii) each RFR Loan shall bear interest for each day on which it is outstanding at a rate per annum equal to Adjusted Daily Simple SOFR plus the Applicable Margin in effect for such day.

Appears in 1 contract

Samples: Credit Agreement (Cedar Fair L P)

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